Daily Digit: HSBC Faces Record Fine
1.8 billion dollars is today's daily digit. That's the size of a fine HSBC might pay U.S. law-enforcement agencies for breaching money laundering rules, according to sources. The settlement with Europe's biggest bank has been in the works for months. A U.S senate report released back in July said HSBC allowed clients to move funds from countries like Mexico, Iran and Syria. HSBC says it could also face criminal charges.
From Our News Partners
Hot topics
© 2013 Cox Media Group. By using this website,
you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices
.
You're Almost Done!
Select a display name and password
{* #socialRegistrationForm *} {* socialRegistration_displayName *} {* socialRegistration_emailAddress *} {* traditionalRegistration_password *} {* traditionalRegistration_passwordConfirm *}Tell us about yourself
{* registration_firstName *} {* registration_lastName *} {* registration_postalZip *} {* registration_birthday *} {* registration_gender *} {* agreeToTerms *}